Trump pushes to end the independence of the Federal Reserve and declares himself “Acting President of Venezuela”

Heather Cox Richardson | Letters from an American

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Heather Cox Richardson

January 11, 2026

The news has seemed to move more and more quickly in the last week.

The story underlying all others is that the United States Congress passed a law requiring the Department of Justice to release all the Epstein files—the files from the Federal Bureau of Investigation’s investigation into the activities of sex offender Jeffrey Epstein—no later than December 19, and it has not done so.

Epstein and President Donald J. Trump were close friends for many years, and the material the Department of Justice (DOJ) has released suggests that Trump was more closely tied to Epstein’s activities than Trump has acknowledged. Although Trump ran in 2024 on the promise of releasing the Epstein files, suggesting those files would incriminate Democrats, his loyalists in the administration are now openly flouting the law to keep them hidden.

Despite the clear requirement of the Epstein Files Transparency Act that they release all the files by December 19, to date they have released less than 1% of the material.

Another part of the backstory of the past week is that the Supreme Court on December 23, 2025, rejected the Trump administration’s argument that it had the power to deploy federalized National Guard troops in and around Chicago, a decision that seemed to limit Trump’s power to use military forces within the United States.

Yet another part of the backstory is that on New Year’s Eve, Republicans on the House Judiciary Committee released a 255-page transcript of former special counsel Jack Smith’s December 17 closed-door testimony before the committee. In that testimony—under oath—Smith said that his office had “developed proof beyond a reasonable doubt that President Trump engaged in a criminal scheme to overturn the results of the 2020 election and to prevent the lawful transfer of power. Our investigation also developed powerful evidence that showed that President Trump willfully retained highly classified documents after he left office in January of 2021, storing them at his social club, including in a ballroom and a bathroom. He then repeatedly tried to obstruct justice to conceal his continued retention of those documents.”

With pressure building over the Epstein files and Jack Smith’s testimony, and with the Supreme Court having taken away Trump’s ability to use troops within the United States, the administration went on the offensive.

Only a week ago, on January 3, the military captured Venezuelan president Nicolas Maduro and his wife, Cilia Flores. After months of suggesting that he was determined to end what he called “narco-traffickers,” Trump made it clear as soon as Maduro was in hand that he wanted control of Venezuela’s oil.

Then, on January 6, the fifth anniversary of the attack on the U.S. Capitol by Trump supporters determined to keep Trump in office despite Democratic presidential candidate Joe Biden’s majority of 7 million votes, Trump’s White House rewrote the history of January 6, 2021, claiming that the rioters were “peaceful patriotic protesters” and blaming the Democrats for the insurrection.

That same day, after the Supreme Court had cut off the administration’s ability to federalize National Guard soldiers and send them to Democratic-led cities, the administration surged 2,000 federal agents to Minneapolis in the largest federal immigration enforcement operation ever launched.

The next morning, ICE agent Jonathan Ross shot and killed 37-year-old Renee Good, and the administration responded by calling Good a domestic terrorist.

On Thursday, January 8, as protests broke out across the country, Republicans in both chambers of Congress began to push back against the administration. In the House, Representatives Ro Khanna (D-CA) and Thomas Massie (R-KY), the leading sponsors of the Epstein Files Transparency Act, asked U.S. District Judge Paul Engelmayer to appoint “a Special Master and an Independent Monitor to compel” the DOJ to produce the Epstein files as the law requires. The House also passed a measure to extend the Affordable Care Act tax credits for three years.

The Senate advanced a bill to stop the Trump administration from additional attacks on Venezuela without congressional approval. And, just two days after Trump had reversed the victims and offenders in the January 6, 2021, insurrection, suggesting that Capitol Police officers had been among the offenders, the Senate unanimously agreed to hang a plaque honoring the police who protected the U.S. Capitol on January 6, 2021. Congress passed a law in March 2022 mandating that the plaque be hung, but Republicans until now had prevented its installation.

Friday was a busy day at the White House.

On Friday, Trump threatened Greenland, saying that he was “going to do something on Greenland, whether they like it or not.”

Trump’s threat against a North Atlantic Treaty Organization (NATO) ally has had American lawmakers and foreign allies scrambling ever since. In a joint statement, the leaders of Denmark, France, Germany, Italy, Poland, Spain, and the United Kingdom said that “Greenland belongs to its people.” Senator Chris Murphy (D-CT) released a video explaining that “what you are essentially talking about here is the United States going to war with NATO, the United States going to war with Europe. You’re talking about the U.S. and France being at war with each other over Greenland.”

Trump’s threats against Greenland came at a meeting with oil executives. When he attacked Venezuela to capture Maduro, Trump told reporters that United States oil companies would spend billions of dollars to fix the badly broken infrastructure of oil extraction in that country. But apparently the oil companies had not gotten the memo. They have said that they are not currently interested in investing in Venezuela because they have no idea how badly oil infrastructure there has degraded and no sense of who will run the country in the future.

What oil executives did suggest to Trump on Friday was that they would quite like to be repaid for their losses from the 2007 nationalization of their companies from the sale of Venezuelan oil Trump has promised to control. ConocoPhillips, for example, claims it is owed about $12 billion. “We’re not going to look at what people lost in the past, because that was their fault,” Trump told them. “That was a different president. You’re going to make a lot of money, but we’re not going to go back.”

Yesterday the government made public an executive order President Donald J. Trump signed on Friday, declaring yet another national emergency—his tenth in this term, by my count—and saying that any use of the revenue from the sale of Venezuelan oil to repay the billions of dollars owed to oil companies “will materially harm the national security and foreign policy of the United States.”

Specifically, the executive order says, such repayment would “interfere with our critical efforts to ensure economic and political stability in Venezuela” and, by extension, jeopardize U.S. foreign policy objectives including “ending the dangerous influx of illegal immigrants and the flood of illicit narcotics;…protecting American interests against malign actors such as Iran and Hezbollah; and bringing peace, prosperity, and stability to the Venezuelan people and to the Western Hemisphere more generally.” So, it appears, Trump wants to retain control of the money from the sale of Venezuelan oil.

Tonight Federal Reserve Chair Jerome Powell said he is under federal criminal investigation related to his congressional testimony about a $2.5 billion renovation of historic Federal Reserve buildings. On Friday the Department of Justice served the Federal Reserve grand jury subpoenas.

Powell, whom Trump appointed, released a video noting that he has kept Congress in the loop on the renovation project and saying that complaints about renovations are pretexts. Trump is threatening criminal charges against Powell because the Fed didn’t lower interest rates as fast as Trump wanted, instead working in the interest of the American people. “This is about whether the Fed will be able to continue to set interest rates based on evidence and economic conditions—or whether instead monetary policy will be directed by political pressure or intimidation.” Powell vowed to “continue to do the job the Senate confirmed me to do, with integrity and a commitment to serving the American people.”

The Federal Reserve is designed to be independent of presidents to avoid exactly what Trump is trying to do. The attempt to replace Powell with a loyalist who will give Trump control over the nation’s financial system profoundly threatens the stability of the country. Senator Thom Tillis (R-NC), who sits on the Senate Finance Committee, appeared to have had enough. He posted that “[i]f there were any remaining doubt whether advisers within the Trump Administration are actively pushing to end the independence of the Federal Reserve, there should now be none. It is now the independence and credibility of the Department of Justice that are in question.” He said he would “oppose the confirmation of any nominee for the Fed—including the upcoming Fed Chair vacancy—until this legal matter is fully resolved.”

Kyle Cheney of Politico observed that it is “[h]ard to overstate what a remarkable statement this is from a Republican senator…accusing the Trump White House of weaponizing DOJ to control the Fed.”

Over a picture of the demolished East Wing of the White House, conservative lawyer George Conway noted: “I also must say that it’s a bit rich that Trump and his DOJ think it’s a good idea to gin up a bullshit investigation about supposed illegalities in….{checks notes}…renovating a federal building.”

On social media tonight, Trump posted a portrait of himself with the title: “Acting President of Venezuela.”

Source: Heather Cox Richardson | Letters from an American

Return of my “fucking bitch”

Katherine Needleman

When women don’t comply with a smile when cleaning up your shit

By Katherine Needleman

Before I go any further, I need to say something obvious: a huge proportion of women have been called “fucking bitch” by a seething man. Some of us are “lucky,” like me, in that the damage shows up as professional fallout—quiet, untraceable, and impossible to fully quantify in my lovely shitstain of a profession. Others are not lucky at all. Some end up dead, like Renee Nicole Good. We cannot underestimate the violence men perpetrate against women.

Just today, I heard from a woman and advised her to sneak out of her apartment with her baby in the middle of the night. That is the continuum we are talking about. “Fucking bitch” is violent language. It is not casual. It is not harmless. It is not expressive language. It should raise every red flag and hackle you have when you hear a man use it.

Yesterday, I had a brief comment interaction with a self-described musical instrument repairman named Art Gale. He came to my page to explain the oboe to me and tell me how to care for it. I thanked him, because apparently I do not know anything about the oboe or oboes cracking and this was all new information to me.

After a number of people pointed out that I did not, in fact, need an education about the oboe from him, he eventually seemed to get it. I told him not to worry—I wasn’t upset. I told him I was naming something, not reacting to it, because I am deeply used to this. I told him that every single day, men who are less qualified than I am explain things to me that I am expert in.

He asked if it was really only men. I said yes. He didn’t believe me. I told him to believe me. Then he got upset and said that women also do problematic things.

For the record: I cannot recall a single woman ever giving me unsolicited criticism about my oboe playing or instructing me on how to do something with an oboe without my asking first. Men do it constantly—especially every time I post something with an oboe in it. And in the same vein, it is only men who have ever called me a “fucking bitch” with the kind of vitriol I describe in the piece below. It has never been women.

“Fucking bitch” is not a figure of speech. It is what men say when they believe you may not be fully obedient—when they may just be beginning to smell that you are not the woman they need you to be.

I am so used to being called “fucking bitch.” And I am naming it now. I need to today.

Sometimes “fucking bitch” just ends in professional damage that can never be fully traced. Sometimes it ends in fear. Sometimes it ends in women quietly planning exits. And sometimes it ends in death.

What follows is a story from decades ago, but it is not old. The language hasn’t changed. The entitlement hasn’t changed. We are in a constant loop. And I am naming it today because I need to.

This morning, watching the video of Renee Good being shot and hearing the officer say “fucking bitch,” I felt physically ill. I wasn’t shocked or surprised. I was sick with recognition. I knew this moment exactly. Renee Good’s murderer simply carried something I’ve heard on repeat my entire life to its lethal end.

Watch the men who speak like this carefully.

Jen Psaki provides best video analysis on ICE killing of Minneapolis mom

Just two days after the deadly ICE shooting of Renee Good in Minneapolis, several videos, shot from different perspectives have been released to the public, including video taken by the shooter, which many on the political right claim supports the argument that the ICE agent was defending himself when he shot and killed Good in her car. Jen Psaki synchronizes several videos for a closer analysis of what the shooter’s video actually shows, and what the videos tell us about what Good was doing when she was killed.

Trump’s pardoning of the January 6 rioters became an endorsement of violence

Heather Cox Richardson | Letters from an American

Heather Cox Richardson

June 15, 2025

Yesterday began with the horrific news that a gunman had shot two Minnesota lawmakers and their spouses in what Minnesota governor Tim Walz said appeared to be a “politically motivated assassination.” State representative Melissa Hortman, who was the top Democrat in the Minnesota House, and her husband, Mark, both died in the attack at their home in Brooklyn Park, a city near Minneapolis. The gunman also shot Democratic Minnesota state senator John Hoffman nine times and his wife, Yvette, eight at their home in Champlin. The hospital reports they are in stable condition after surgery.

Law enforcement officers encountered the suspected gunman, 57-year-old Vance Boelter, coming out of Hortman’s house. He was dressed as a police officer. Officers exchanged gunfire with him before he fled, leaving behind his vehicle, which looked much like a police car. In it was a list of dozens of people he wanted to kill. They were mostly Democrats or people connected to abortion rights efforts. Law enforcement officers captured Boelter tonight.

MAGA Republicans are working hard to identify Boelter with what Senator Mike Lee (R-UT) called “Marxism” and Senator Bernie Moreno (R-OH) called “the extreme left,” but as investigative journalist Phil Williams of NewsChannel 5 Nashville notes, public databases show Boelter was in the past a registered Republican. His evangelical religion and his anti-LGBTQ and anti-abortion stances reflect MAGA positions. Boelter’s roommate told reporters that Boelter was a “strong” supporter of President Trump.

Senator Chris Murphy (D-CT) noted that MAGA has been “bathed in political violence” for the last five years. Trump’s pardoning of the January 6 rioters, including those convicted of extreme violence, “became a clear endorsement of violence committed in his name.” Trump has encouraged violence and cozied up to brutal dictators, while MAGA has fetishized guns. When he celebrates violence, unhinged people listen. Murphy points out that while people of all political persuasions commit violence, no Democratic leader encourages violence as a political norm the way Trump and MAGA have done, citing “a straight line from Jan 6 to the pardons to the assault on Sen[ator] Padilla to Minnesota.”

After the shootings, Andrew Solender of Axios reported that lawmakers of both parties are concerned about their own safety as political violence increases. The Minnesota attacks happened just days after Homeland Security Secretary Kristi Noem’s security guard shoved Senator Alex Padilla (D-CA) to the ground and handcuffed him after he asked a question. This assault sparked apparent fury among the Democrats on Capitol Hill as they challenged their Republican colleagues—largely unsuccessfully—to speak up against the assault on a senator.

The entire Minnesota delegation to the U.S. Congress issued a joint statement on politically motivated shootings. Democrats and Republicans together wrote: “Today we speak with one voice to express our outrage, grief, and condemnation of this horrible attack on public servants. There is no place in our democracy for politically-motivated violence. We are praying for John and Yvette’s recovery and we grieve the loss of Melissa and Mark with their family, colleagues, and Minnesotans across the state. We are grateful for law enforcement’s swift response to the situation and continued efforts.”

After that start to the day, the country turned to the “No Kings” protests. In a dramatic rejection of Trump’s consolidation of power, at least five million Americans turned out for peaceful protests across the country. Cities turned out huge numbers of protesters at more than 2,000 planned events, and small towns, including those in Republican-dominated states, also boasted rallies. The mood was festive as people held signs with anti-Trump and pro-American images and slogans and sang Woody Guthrie’s famous American anthem, “This Land Is Your Land.” American flags were everywhere.

In contrast to the huge turnout for the protests, the military parade in Washington, D.C., was a bust. Although Trump had claimed it would be a celebration of the 250th anniversary of the American Army, it was also his 79th birthday and was widely interpreted primarily as a celebration of that occasion. Trump has wanted a parade since 2017, when he viewed the traditional Bastille Day military parade in Paris. At the time, he told reporters: “It was one of the greatest parades I’ve ever seen…. We’re going to have to try to top it.”

But organizers had had only two months to arrange for the parade, and the result was badly organized, with relatively few people turning out, especially after forecasts of storms that evening. Far from the crisp marching of the military parades that Trump seemed to want to top, the U.S. soldiers appeared to shuffle, leading to a social media debate over whether they had been ordered to march in an “at ease march” instead of a more rigorous step, or whether they were silently protesting. Photographers recorded empty bleachers and thin crowds. Few Republican lawmakers attended, but cameras caught Trump looking miserable and Secretary of State Marco Rubio yawning.

The contrast between the protests and the military parade suggested an important shift in political culture. The momentum and the joy, as well as the American flags, were on the side of those protesting Trump’s growing authoritarianism. Trump looked weak and discouraged, and the crowds were clearly on the side of the protesters. Today, social media, including a Russian account, got into the act of making fun of Trump’s military parade.

At the Philadelphia Inquirer, Will Bunch noted that “the flag is mightier than the tank.”

The rejection Trump faced yesterday, podcaster Jack Hopkins noted, “was a big tub of rock salt poured on his wounds of lifelong insecurity.” That profound injury to Trump’s sense of self braced observers for a lashing out of epic proportions as he tries to demonstrate that he is, in fact, powerful.

We got that anger and fear in a social media post at 8:43 p.m. tonight. In a post almost certainly not written by Trump, his account backed off on Trump’s recent retreat from mass deportations. Instead, the account said “ICE Officers are herewith ordered, by notice of this TRUTH, to do all in their power to achieve the very important goal of delivering the single largest Mass Deportation Program in History.”

The account then declared war on Democrats. The day after a gunman shot two Democratic lawmakers and their spouses in their homes, Trump’s account posted:

“[W]e must expand efforts to detain and deport Illegal Aliens in America’s largest Cities, such as Los Angeles, Chicago, and New York, where Millions upon Millions of Illegal Aliens reside. These, and other such Cities, are the core of the Democrat Power Center, where they use Illegal Aliens to expand their Voter Base, cheat in Elections, and grow the Welfare State, robbing good paying Jobs and Benefits from Hardworking American Citizens. These Radical Left Democrats are sick of mind, hate our Country, and actually want to destroy our Inner Cities—And they are doing a good job of it! There is something wrong with them. That is why they believe in Open Borders, Transgender for Everybody, and Men playing in Women’s Sports—And that is why I want ICE, Border Patrol, and our Great and Patriotic Law Enforcement Officers, to FOCUS on our crime ridden and deadly Inner Cities, and those places where Sanctuary Cities play such a big role. You don’t hear about Sanctuary Cities in our Heartland!”

The post promised ICE that “REAL Americans are cheering you on every day” and urged them to “reverse the tide of Mass Destruction Migration that has turned once Idyllic Towns into scenes of Third World Dystopia.” It doubled down on the neo-Nazi idea of “REMIGRATION” and concluded: “To ICE, FBI, DEA, ATF, the Patriots at Pentagon and the State Department, you have my unwavering support. Now go, GET THE JOB DONE! DJT”

Will Trump’s demands swing people behind him? Americans have already turned against Trump’s handling of immigration and deportations by significant margins. G. Elliott Morris of Strength in Numbers summarized the polls from June 9–13. Answering the question “Do you approve of the way the president is handling…immigration?” respondents for YouGov/Economist were the only ones to produce a majority—of just four points—saying yes. For AP-NORC, Quinnipiac, and Washington Post/GMU, the answer was no by as much as 15 points. On every other question dealing with immigration, more people opposed Trump’s policies than supported them by as much as 16 points.

Trump’s other policies are underwater—meaning more people oppose them than approve of them—as well. Only 27% of registered voters support the Republicans’ budget reconciliation bill, while 53% oppose it. As for Trump himself, a Quinnipiac Poll from June 11 showed that 38% of registered voters approve of the way he is handling the job of the presidency, while 54% disapprove. Only 30% of registered voters approved “strongly” of the way he is handling the job, while 49% strongly disapprove.

While Trump and his loyalists are trying to project an image of invincibility, their actual power seems to be faltering.

Ten years ago tomorrow, on June 16, 2015, Trump rode down the escalator at Trump Tower to a lobby filled with extras, to announce he was running for president. One reporter called his speech, in which he claimed that Mexico was sending criminals and rapists to the United States, “eccentric.”